April 19, 2023
Marcum’s David Oksenhorn and Patrick O’Reilly break down how R&D tax credits boost craft beer creativity in Brewers Association publication.
Brewers Association
By David Oksenhorn, Director, Tax & Business Services & Patrick O'Reilly, Principal, Advisory Services
Excerpt:
The Research and Development (R&D) tax credit helps incentivize their formulation development and gives breweries flexibility to try new things. The Brewers Association supports legislation that will give breweries the ability to deduct their R&D activity related expenditures in the tax year they are incurred.
